Employer-Paid Benefits Group Life and AD&D Paid Parental Leave The group life and AD&D and dismember policy is available First IB offers paid parental leave to employees for the to all full-time employees. In the event of death, loss of (or purpose of bonding with or caring for a newborn child, loss of use of) a body part or function, speech, eyesight, or newly-adopted child, or newly-placed foster child. Paid hearing, your beneficiaries will receive 1x your annual salary, parental leave pays for up to 2 weeks of leave at 100% minimum of $50K and maximum of $150K. Coverage of the employee’s regular base pay. decrease by 35% at age 65, by 60% at age 70, by 75% at age 75, and by 85% at age 80. Short-Term Disability Long-Term Disability Short-term disability protects a portion of your income Long-term disability protects a portion of your income for during a short period of time if you are unable to work due an extended period of time if you are unable to work due to an illness or an accident not related to your job. Benefits to an illness or an accident not related to your job . th st begin on the 8 day after an illness or the 1 day after an st accident. The policy will pay a tiered percentage of your Benefits begin on the 91 day after the date of the incident weekly salary for 13 weeks at 100% / 85% / 75%. and will cover 60% of your earnings (up to $6,000/month).